Wallace H Jerome Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Wallace H Jerome Foundation Inc is a 501(c)(3) organization based in Barron, Wisconsin, registered in 1965, with $24,780 in FY2024 revenue. CharityIndex grades it D.
Po Box 259, Barron, WI, 54812 EIN 39-1040067 Since 1965
Revenue (FY2024)
$25K
▼ 18.0% vs prior year
Expenses (FY2024)
$32K
Net assets
$185K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wallace H Jerome Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating69 mo reserves · -30% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wallace H Jerome Foundation Inc: 69 mo reserves · -30% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wallace H Jerome Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wallace H Jerome Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from -$552 (FY2016) to $25K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $185K
Operating margin
-30.3%
Spent more than it raised in the latest fiscal year.
Total assets
$185K
Total liabilities
$0
Net assets
$185K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,780▼18.0% | $32,291▼0.3% | $184,831▼3.9% | $184,831▼3.9% | 990PF |
| 2023 | $30,234▲1315% | $32,379▲14.5% | $192,342▼1.1% | $192,342▼1.1% | 990PF |
| 2022 | $2,137▼97.0% | $28,289▲8.5% | $194,487▼11.9% | $194,487▼11.9% | 990PF |
| 2021 | $71,405▲71.3% | $26,082▼7.5% | $220,639▲25.9% | $220,639▲25.9% | 990PF |
| 2020 | $41,679▲467% | $28,197▲3.6% | $175,316▲8.3% | $175,316▲8.3% | 990PF |
| 2019 | $7,356▼35.4% | $27,228▼14.6% | $161,834▼10.9% | $161,834▼10.9% | 990PF |
| 2018 | $11,383▲6.1% | $31,882▼76.7% | $181,706▼10.1% | $181,706▼10.1% | 990PF |
| 2017 | $10,728▲2043% | $137,074▲212% | $202,205▼38.5% | $202,205▼38.5% | 990PF |
| 2016 | -$552 | $43,892 | $328,551 | $328,551 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Wallace H Jerome Foundation Inc a legitimate nonprofit?
- Yes. Wallace H Jerome Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1040067, based in Barron, Wisconsin. Donations are tax-deductible.
- What is Wallace H Jerome Foundation Inc's EIN?
- Wallace H Jerome Foundation Inc's Employer Identification Number (EIN) is 39-1040067.
- How much revenue does Wallace H Jerome Foundation Inc report?
- Wallace H Jerome Foundation Inc reported $24,780 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wallace H Jerome Foundation Inc have?
- CharityIndex grades Wallace H Jerome Foundation Inc D, based on financial health (reserves and operating margin).
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Data for Wallace H Jerome Foundation Inc (EIN 39-1040067) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.